News Brief

11/17/2013, Kislev 14, 5774

Housing Minister Reveals Emergency Cost-Lowering Plan

Housing Minister Uri Ariel has revealed a new plan that he says could lead to 100,000 new homes being built.
Israel must take action now to lower the price of housing, he declared. “We have to find a way for citizens to pay less for an apartment,” he stated.
“The government must intervene in the market in the short term, so that we can see a reduction in prices by 2014,” he added.